Look for a move that mirrors the beginning of the bull pennant from the point it breaks upper resistance. Look for volume to rise sharply for confirmation.
Dear Fibline, this is one of your chart (when you were bullish 1 month ago...) do you think is possible that we can see a J-Hook Pattern again? please become bullish again! :) forever your Tittipupa
MACD crossover looks like it's failing for the first time. I'm looking for price action to break log support to confirm breakdown. Otherwise this momo needs good news badly to keep her afloat.
My Plug. Four seasons pizza choose your taste! Cheers! Tittipupa
Plug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of fuel cell systems for the industrial off-road markets worldwide. I watch Institutional Order flow and trades from the Hedge Funds, Mutual Funds, and Retail Banks. Today, a trader bought 7,000 of the PLUG 4.11.2014. At...
$7.23 is where a lot of %5 stops are going to be placed for short sellers today to call. Once that is breached, it should have no problem getting up to the .764 fib line ($7.77)ish. Another interesting pattern taking shape here is resistance at $6.86, and a support line wedging up to meet it. To me this looks like sellers are losing Control.
Looks to be working on the right shoulder while building a nice bottom. Clear entries and exits shown
Spinning top after a significant down trend indicates sellers are losing interest and the bottom has formed. An up trend is to follow. Bulls will be cautious and slowly enter over the next several days.
Huge volume support and divergence... Looks like short squeeze and technical bounce is about to happen... this is in exact similarity to Twitter right now. As of today, March 25, 2:55pm, It looks like short seller started closing their positions... from the last 14 trading days there is still 1.05B shares to be traded pointing upward price trend.... OBV is just...
Around $5.50 is looking like a good price to think about buying as sellers are driven out of the market. Confirm with volume.
Positives 1. Gap fill's after run up from positive news 2. Oversold Stoch and MACD at major gap turning to the upside. 4. Volume increased 5. Positive Press 6. Up 600% over 12 months. 7. HUGE Customer's signed up 8. Analysts are expecting sales growth of 68% through 2018 9. Big push for clean Energy... the cool stocks besides Bio and Marijuana 10. Positioned to...
A lot of air to $3.69. MM from flag is $3.38. Both much higher than today's PPS